Nokia Plans its Future with Symbian Acquisition
Nokia has finally decided to acquire the 100% stake in Symbian which now lets Nokia to be in full control over Symbian. The acquisition will help Nokia in accelerating product and software developement and it can also serve as an open-source operating system for other handset makers.
"Nokia realized that under the current structure (where they owned only a minority stake), they could only hope Symbian would unlock their operating system and open it up to developers, handset makers, chipmakers, and carriers," said Jim Kelleher, an analyst with Argus Research.
"Nokia is trying to accelerate its product development by acquiring Symbian and bringing development in-house," said Mark Sue, an analyst with RBC Capital Markets.
via Cnet
